When is the RBA Interest Rate Decision and how could it affect AUD/USD? – by anilpanchal7 RBA AUDUSD Events RiskAppetite CentralBanks
The RBA is expected to lift the benchmark interest rate by 50 basis points to 2.35%, mainly to fight inflation and match the tune with other major central banks. However, the odds of disappointing markets with 0.25% interest rate lifts aren’t out of the table and hence the AUD/USD traders are on the edge ahead of the meeting announcements.
As per the latest Aussie data, inflation jumped to the highest in three decades while the Unemployment Rate dropped to the lowest in 50 years. The problem, however, is with the housing market as Home Loans plunged by 8.5% in July, the second-largest fall in two decades. It should also be noted that the Participation Rate and net employment also cooled down recently, which in turn underpin the recession fears should the rate hike continues.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
AUD/USD solid, meandering around 0.6800 ahead of the RBA's decisionThe AUD/USD recovers some ground after recording fresh two-month lows during the last week, amid a negative market sentiment trading session, with US
Leer más »
Weekly Forex Forecast - EUR/USD, GBP/USD,USD/JPY,AUD/USDStart the week of September 4th, 2022 with our Forex forecast focusing on major currency pairs here.
Leer más »
AUD/USD traders eye the RBA for the week aheadAUD/USD ended last Friday higher by around 0.3% on the day after climbing from a low of 0.6779 to a high of 0.6855, closing around 0.68065. However, w
Leer más »
AUD/USD Price Analysis: Downside looks likely to near 0.6700 ahead of RBA policyAUD/USD Price Analysis: Downside looks likely to near 0.6700 ahead of RBA policy – by Sagar_Dua24 AUDUSD Technical Analysis SupportResistance Momentum RBA
Leer más »
‘Emotionally Paralyzed’ New York Home Buyers Are Backing Out of ContractsWorried about rising interest rates, buyers are backing out of deals after contracts have been sent out — and, in some cases, even after signing them. kvelsey reports
Leer más »
EUR/USD Price Analysis: Bears eye a move into test 0.9900It will be an interesting start to the week considering the conflicting technical landscape for the US dollar and EUR/USD in the following analysis of
Leer más »